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Consolidation Continues: Panasonic To Buy Sanyo
On Wednesday this week, Panasonic announced its intentions to purchase remaining shares of Sanyo Electric Co and Panasonic Electric Works (PEW). Panasonic already had a 50% stake in Sanyo as of last year. Sanyo is a big player in the solar market and producer of lithium-ion batteries.
Recurrent Finances 5-MW PV Project
The solar PV development company Recurrent Energy has been making some big project announcements lately. The developer said yesterday that it had raised $18 million in debt for a 5-MW PV system in San Francisco.
Solyndra Signs PPA with SCE
The cylindrical CIGS thin-film manufacturer Solyndra just signed a power purchase agreement with the utility Southern California Edison for 16-MW of projects.
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solar panel used
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